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Getting back to normal isn t all it s cracked up to be
floridatoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from floridatoday.com Daily Mail and Mail on Sunday newspapers.
Biden Extends CDC Eviction Moratorium One Last Time Until July 31
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Scientology s wealth is growing, but its congregation is shrinking
smh.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from smh.com.au Daily Mail and Mail on Sunday newspapers.
The international Church of Scientology has shifted tens of millions of dollars into Australia.
The figures reveal a big increase in the churchâs wealth in recent years, even though census data shows it now has fewer than 1700 adherents in Australia â down by one-third in a decade.
An analysis of the churchâs financial accounts and elaborate corporate structure reveals the not-for-profit Church of Scientology Australia made net profits of $65.4 million between 2013 and 2019.
The reports show an array of cross-border money flows from cash-rich US-based affiliates. Its Australian operations received a $27.8 million loan in 2016 and a grant of $35.9 million from the United States in 2014 alone. In total, there were $78.5 million in grants and loans to Australia between 2013 and 2019.
The Church of Scientology headquarters in Chatswood, Sydney.
The Church of Scientology has shifted tens of millions of dollars into Australia, which has become an international haven for the controversial religion where it makes tax-free profits with minimal scrutiny. The finances of the Church of Scientology, founded by US science fiction writer L. Ron Hubbard in the 1950s, have been almost entirely shrouded in secrecy since its inception, but an investigation by
The Age and
Sydney Morning Herald has uncovered the most detailed financial information available anywhere in the world. The figures reveal a big increase in the church’s wealth in recent years, even though census data shows it now has fewer than 1700 adherents in Australia – down by one-third in a decade.